FxPro vs IG Comparison
Compare trading conditions, commissions and platforms of Forex brokers FxPro and IG. Find out which broker is best for you.
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Who is better - FxPro or IG?
Key differences between the brokers
Below, we show only the differences in trading conditions covered in our reviews. These may include the minimum deposit, available markets, platforms and account types. Compare these details with your requirements.
FxPro
- Minimum deposit · USD
- 100 USD
- Different platforms
- FxPro Edge
- MetaTrader 5
- cTrader
- TradingView
- Different markets
- None listed
IG
- Minimum deposit · USD
- 1 USD
- Different platforms
- IG Trading Platform
- L2 Dealer
- Different markets
- ETF
- Bonds
Comparison Table of FxPro and IG
Swipe the table left or right to view all data.
| Broker | FxPro | IG |
|---|---|---|
| Foundation Year | 2006 | 1974 |
| Regulated in Countries | United Kingdom, Cyprus, Bahamas | United Kingdom, Bermuda, Germany, Netherlands, Italy, Spain, France, Sweden, Switzerland, United States, Australia, Japan, Singapore, South Africa, United Arab Emirates |
| Minimum Deposit |
|
|
| Spread | from 0 points | from 0.165 points |
| Max Leverage | 1:10000 | 1:200 |
| Trading Assets (CFDs) |
|
|
| Trading Platforms |
|
|
| Review | FxPro Review | IG Review |
FxPro Review
FxPro provides a comprehensive range of services and tools for traders. With its variety of trading accounts, platforms, and available markets, it is well-suited to meet the needs of different traders. This broker suits traders looking for a wide selection of markets, diverse platforms, and analytical tools. It is also apt for beginner traders, thanks to the educational materials and experienced traders who value flexible trading conditions.
Pros and Cons of FxPro
Pros
- Various trading platforms.
- A diverse range of available markets and products.
- Multiple analytics tools.
- Extensive educational materials.
Cons
- An inactivity fee.
- Absence of cent accounts and services for copying trades.
FxPro is in the top 10 of the following ratings:
IG Review
IG is a highly regulated broker with licenses from reliable financial authorities, providing clients with high funds protection. Thanks to narrow spreads, traders can effectively manage their costs and increase the profitability of their operations. Quality trading platforms and advanced analytical tools support informed trading decisions, while extensive educational resources make IG attractive to traders of all experience levels.
Pros and Cons of IG
Pros
- Licenses from regulators with a high level of credibility.
- Tight spreads.
- A variety of markets and products.
- Extensive set of analytical tools and content.
- Quality educational resources for different levels of traders.
Cons
- Limited choice of trading accounts.
- High trading fee on DMA account.
- Inactivity fee.
- Limited choice of payment methods.
IG is in the top 10 of the following ratings:
Reliability
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| Broker | FxPro | IG |
|---|---|---|
| Reliability | 5/5 | 5/5 |
| Foundation Year | 2006 | 1974 |
| Regulated in Countries | United Kingdom, Cyprus, Bahamas | United Kingdom, Bermuda, Germany, Netherlands, Italy, Spain, France, Sweden, Switzerland, United States, Australia, Japan, Singapore, South Africa, United Arab Emirates |
| Regulators |
FxPro
FxPro shows high reliability and strict compliance with regulatory standards in the financial sector. The company is regulated by several leading authorities worldwide.
IG
The company is subject to numerous international regulators, ensuring a high degree of transparency.
Account Opening
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| Broker | FxPro | IG |
|---|---|---|
| Account Opening | 4.5/5 | 4/5 |
| Minimum Deposit |
|
|
FxPro
The account opening process is structured but requires more time due to the volume of information needed.
IG
The account opening process is simple, fast, and convenient for traders of any experience level.
Pros
- No minimum deposit required.
- Quick registration process (5-10 minutes).
Cons
- Necessity to provide extensive personal and financial information.
- Verification may take a couple of days.
- There is a possibility of being denied account opening.
Account Types
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| Broker | FxPro | IG |
|---|---|---|
| Account Types | 4/5 | 2.5/5 |
| Trading Accounts |
|
|
| Minimum Deposit |
|
|
| Spread | from 0 points | from 0.165 points |
| Max Leverage | 1:10000 | 1:200 |
| Trading Assets (CFDs) |
|
|
| Trading Platforms |
|
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| Demo Account | ||
| Swap-free Account |
FxPro
FxPro offers various accounts, but the absence of cent accounts and a copy trading service limits options for beginner traders.
Pros
- A wide choice of account types.
- Availability of Islamic accounts.
- Personalized service for owners of Premium accounts.
Cons
- No cent accounts.
- No copy trading service provided.
IG
IG offers a limited selection of accounts, meeting the basic needs of traders, but not accommodating specific requirements.
Pros
- Availability of DMA account for professional traders.
- Premium service offered for high-value clients.
- Free demo account for practice and training.
Cons
- Absence of Islamic and investment accounts.
- No fixed spread accounts and cent accounts.
Commissions
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| Broker | FxPro | IG |
|---|---|---|
| Commissions | 3/5 | 3/5 |
| Spread | from 0 points | from 0.165 points |
| Average Spread (EURUSD) | 1.5 | 1.1 |
| Commission | per 1 lot$3.50 | per $1M turnover$60.00 |
FxPro
FxPro's commissions align with the market average, and the absence of fees for deposits/withdrawals is a benefit.
Pros
- No commission for depositing and withdrawing funds.
Cons
- Inactivity fee charged.
IG
IG provides an average level of commissions, with low spreads but high transaction fees on DMA accounts.
Pros
- Low spreads.
- No fees for deposits/withdrawals.
Cons
- High transaction fee on DMA account.
- Inactivity fee.
- Currency conversion fee and guaranteed stop fee.
Deposit and Withdrawal
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| Broker | FxPro | IG |
|---|---|---|
| Rating | 5/5 | 3.7/5 |
| Account Funding Methods |
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|
FxPro
FxPro offers convenient and flexible options for funding and withdrawal, with most operations not incurring a commission.
IG
Broker IG offers an average level of services for deposits/withdrawals, not charging a fee, but has limitations on available methods.
Pros
- No commission for funding and withdrawal.
- PayPal available as a deposit/withdrawal option.
- Transparent information about limits.
Cons
- Absence of cryptocurrencies and most electronic wallets.
- Withdrawal processing time can take up to 5 business days.
- Restrictions on the minimum withdrawal amount.
Markets and Products
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| Broker | FxPro | IG |
|---|---|---|
| Markets and Products | 5/5 | 5/5 |
| Forex | 69 | 99 |
| Precious Metals | 13 | 11 |
| Energy Carriers | 6 | 9 |
| Soft Commodities | 7 | 20 |
| Indices | 29 | 46 |
| Stocks | 1971 | 13000 |
| Cryptocurrency | 28 | 15 |
| ETF | - | 5400 |
| Bonds | - | 19 |
FxPro
FxPro provides an extensive selection of markets and products for trading. Clients can trade 69 currency pairs on Forex and have access to a broad range of CFDs on indices, stocks, agricultural commodities, oil, precious metals, and cryptocurrencies.
IG
IG offers an extensive range of products and markets for trading, with an impressive selection of CFDs, options, and thematic baskets.
Trading Platforms
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| Broker | FxPro | IG |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Trading Platforms |
|
|
FxPro
FxPro offers a variety of trading platforms, including MetaTrader 4, MetaTrader 5, cTrader, and FxPro Edge. Each platform has several variations that can be downloaded from the broker's official website for free.
IG
IG offers a variety of trading platforms, including MetaTrader 4, IG Trading Platform, and L2 Dealer, catering to traders of all levels.
Analytics
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| Broker | FxPro | IG |
|---|---|---|
| Rating | 5/5 | 5/5 |
FxPro
FxPro offers its clients diverse market analysis services. The company's official YouTube channel also features forecasts, market reviews, and helpful videos.
IG
IG provides an impressive array of research and analytical tools that will appeal to traders of any experience level.
Education
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| Broker | FxPro | IG |
|---|---|---|
| Rating | 4/5 | 5/5 |
FxPro
The "Education" section on the FxPro website offers a variety of educational materials for traders. The materials provided enable traders to master the basics and deepen their understanding of trading.
Pros
- A variety of educational materials.
- Availability of free courses and accessible online tests for self-assessment.
Cons
- No educational formats such as webinars, seminars, and podcasts.
IG
IG offers high-quality and comprehensive educational materials suitable for traders of various levels.
Customer Support
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| Broker | FxPro | IG |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Email Support | ||
| Hotline Phones | ||
| Social Media |
FxPro
FxPro has various channels for technical support, including online chat, callback service, and email. Clients can seek help through an international toll-free line or via email.
IG
IG provides fast and professional support.
Comparisons of FxPro and IG with other brokers
Conclusion
When choosing between FxPro and IG, match their platforms, markets, account types and funding terms to your needs.
Before opening an account, verify fees, regulation, support and service availability for your country in the sections above.
FAQ
Which broker is better: FxPro or IG?
FxPro ranks higher than IG in our editorial ranking. That does not make it a universal choice: compare fees, markets, platforms, account types and support.
Which broker is better for beginners: FxPro or IG?
Beginners should compare availability in their country, account types, minimum deposit, trading platforms and customer support.
Who has lower typical trading costs (spreads/commissions) — FxPro or IG?
It depends on the instrument and account type. Compare the live conditions in the “Commissions” section on this page — we break down the nuances category by category.
What trading platforms are available with FxPro and IG?
FxPro: MetaTrader 4, FxPro Edge, MetaTrader 5, cTrader, TradingView. IG: MetaTrader 4, IG Trading Platform, L2 Dealer. See the “Platforms” section for details and selection tips.
What markets can you trade with FxPro and IG?
FxPro: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, Cryptocurrency. IG: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Bonds, Cryptocurrency. Full lists and differences are in the “Markets” section.
What account types are offered by FxPro and IG?
FxPro: Standard, Pro Account, Raw+, Elite, cTrader. IG: CFD, DMA. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by FxPro and IG?
FxPro: Skrill, Neteller, Swift, SEPA, Visa, Mastercard, Maestro, UnionPay. IG: PayPal, Bank Transfer, Credit and Debit Cards. Check method-specific fees/settlement times.
Which broker is safer — FxPro or IG — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
